Foreign investors flee from Turkey

Foreign investors flee from Turkey

The Turkish lira is facing its biggest annual fall since 2008 and is nearing new record-lows, as foreign investment continues to leave the country.

Investors from abroad have withdrawn $7.6 billion in assets this year, according to Bloomberg. This includes $1.4 billion in November, the month President Erdogan’s Justice and Development Party (JDP) managed to win back the majority.

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